Happy 2014 to everyone! While the temperature outside is on the “cool” side, the Ottawa real estate market remains steady and balanced. Ottawa truly is a great place to call home. Looking at the whole of 2013, the number of homes sold through the Board’s MLS® system was 13,873, compared with 14,326 in 2012, a […]
Shrinking demand for condominiums in November sapped any momentum in Ottawa’s resale homes market. Condo sales fell 15.5 per cent from the same month a year earlier, pulling down the overall real estate market by 0.7 per cent even as sales of other housing types held steady. The drop came after three months of small […]
The snowy month of November brought with it a slower than average resale market in Ottawa. On a more positive note, I hope the snow has put everyone in a holiday mood!! Members of the Ottawa Real Estate Board sold 891 residential properties in November through the Board’s Multiple Listing Service® system, compared with 928 […]
The clocks have been turned back and that’s a sure sign that we are headed into winter and cooler temperatures. The Ottawa Real Estate Market is, however, heating up! Members of the Ottawa Real Estate Board sold 1,090 residential properties in October through the Board’s Multiple Listing Service® system, compared with 1,069 in October 2012, […]
The Ottawa resale market has started to heat up again. Members of the Ottawa Real Estate Board sold 1,119 residential properties in September through the Board’s Multiple Listing Service® system, compared with 995 in September 2012, an increase of 12.5 per cent. The five-year average for September sales is 1,121. The average sale price of […]
Summer is over and kids are back at school. Before you know it, the holiday season will be here. Members of the Ottawa Real Estate Board sold 1,219 residential properties in August through the Boards Multiple Listing Service® system, compared with 1,145 in August 2012, an increase of 6.5 per cent. The five-year average for […]
Members of the Ottawa Real Estate Board sold 1,339 residential properties in July through the Board’s Multiple Listing Service® system, compared with 1,376 in July 2012, a decrease of 2.7 per cent. July’s sales are just below the five-year average of 1,347. The market has cooled down slightly, but Ottawa remains balanced, and we are […]
Members of the Ottawa Real Estate Board sold 1,594 residential properties in June through the Board’s Multiple Listing Service® system, compared with 1,662 in June 2012, a decrease of 4.1 per cent. Throughout the years, overall sales have consistently decreased from May to June so this is “normal” for the time of year. June’s sales […]
Members of the Ottawa Real Estate Board sold 1,804 residential properties in May through the Board’s Multiple Listing Service® system, compared with 1,890 in May 2012, a decrease of 4.6 per cent. Sales are 233 units ahead of last month and the 5-year average for May is 1,802 sales so we are still on track. […]
Spring is finally here – and better late than never! The traditional spring market is a bit later than usual this year due to the long winter we experienced. Members of the Ottawa Real Estate Board sold 1,573 residential properties in April through the Board’s Multiple Listing Service® system, compared with 1,568 in April 2012, […]
